NFT project Moonbirds has opened up with 69,000 ETH ($207 million) in total sales, on its way to record-setting trading volume.
With a floor price of 21.3 ETH ($64,000), the Moonbirds NFT collection of 10,000 PFPs (profile pics) has quickly risen to the top of OpenSea’s volume leaderboard for the last 30 days.
Azuki (50,000 ETH) and Bored Ape Yact Club (35,000 ETH) NFT collections came in second and third place respectively.
Moonbirds is the first project from entrepreneurs Ryan Carson and Kevin Rose, who founded a private NFT community known as PROOF Collective.
Holders of the Moonbirds NFTs are members of the PROOF Collective community and are granted early minting privileges.
Unfortunately, the Moonbirds mint garnered some complaints within the industry for its 2.5 ETH mint price, along with concerns of rarity sniping, leading to founders buying up rare NFTs.
The project’s sudden rise comes in contrast with what has been a deflated NFT market, with many of the top projects seeing lulls or drastic decreases in sales in recent weeks.
Moonbirds’ holders will be given access to “Moonbird-related drops, Parliament meetups and IRL events.”
Additionally, holders will have access to the private PROOF Discord channel, according to the project’s website.
PROOF looks to expand into the metaverse with “Project Highrise” and urges holders to “nest” (hold) their NFTs for what comes next.